The crisis was the subject
of heated parliamentary debate last week,
with Teresa May's government struggling on multiple fronts to defend the idea
of public services contracting, launch a convincing investigation
of what happened, take credible steps to deal
with what is widely seen as compensation - gouging by the company's directors, the perception
of sweetheart contracts extended to a struggling company, continuing doubtsabout official and company
conflicts of interest, and about the impact
of still - undetermined
huge taxpayer losses — not least over underfunded pensions that have now come onto its books.
15:37 «There are some commissionable brokers and advisors that might put themselves out to be a fiduciary, but on the flipside they're still selling you products so you really don't know who you're working
with because there's very little transparency, and that creates, in my opinion, a
huge conflict of interest»